After Roberto's performance at the 1999 World Junior Championships, he was signed by the Islanders to a three-year, $2.775 million contract on January 8, 1999. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. It is an odd question, but one that comes up repeatedly in the strange case of Vancouver goalie Roberto Luongo. VANCOUVER - Roberto Luongo's contract won't stop him from being traded, says Vancouver Canucks general manager Mike Gillis. NATIONALITY: Canada. He just doesn’t know it yet. While the Canucks were eventually able to trade Luongo all those years ago after his contract looked immovable, they’ll still be on the hook for $3.033 million for each of … Luongo made the rare choice to walk away with three years remaining on his contract with the Florida Panthers, foregoing $3.62 million in salary. The deal carried a team-friendly $5.3 million cap hit, but Luongo would be paid above that amount for the first eight years of the deal. Because we respect your right to privacy, you can choose not to allow some types of cookies. These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. By using our site, you consent to our use of cookies. by Kevin Woodley VANCOUVER -- Roberto Luongo is willing to waive his no-trade clause. Roberto Luongo – Vancouver Canucks Goalie. BORN: April 4, 1979. Also, by disabling these cookies you will also disable banner ads served by Google Adsense on this website.. For more information about these items, view our complete privacy policy.Read More, To see the rest of the Roberto Luongo's contract breakdowns, & gain access to all of Spotrac's Premium tools, sign up today. Luongo, in the past, has indicated that he plans to play out the entirety of his contract which runs for three more years after this one. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. 191cm. Two compliance buyouts were allowed in June 2013 and 2014, these buyouts do not have a salary cap consequence. The Vancouver Canucks and goalie Roberto Luongo agreed to a 12-year contract extension Wednesday. Whether the Canucks ask the veteran goaltender to, or whether they are able to … Goaltender. Eliteprospects.com hockey player profile of Roberto Luongo, 1979-04-04 Montréal, QC, CAN Canada. Complete player biography and stats. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. Luongo has three years remaining on his contract. Luongo, who is under contract through the 2021-22 season, is 19-16-6 with a 2.38 goals-against average and a .917 save percentage in 42 games this season with the Canucks. Should Luongo retire after this season, his contract would carry a $2.13 million hit on Vancouver’s salary cap for four more seasons. We use cookies to offer you a better browsing experience, analyze site traffic, & serve targeted ads. Use of any marks, trademarks, or logos on this website shall not constitute a sponsorship or endorsement by the trademark holder. Gillis said Sunday he … That ~$9 million is spread out over the remaining three years, hitting the Canucks with ~$3 million in a … As the clock ticked, the pressure grew. The information does not usually directly identify you, but it can give you a more personalised web experience. Luongo signed a 12-year contract extension in 2009, with the first year of the deal coming into effect during the Canucks’ run to the Stanley Cup Final in 2011. Also, he has collected $98,200,480 as entire career earnings. VANCOUVER—Roberto Luongo's contract won't stop him from being traded, Vancouver Canucks general manager Mike Gillis says. It gets really interesting if Luongo plays … They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. That number would rise to $2.84 million in each of three seasons should he retire after next year. In addition, the Canucks retained $800k of Luongo’s salary. As per his last contract with You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. Never has there been such a divisive force in Canucks history. The Vancouver Canucks announced today that they have locked up their captain, Roberto Luongo to a 12-year contract extension. Browse our online application for MLB, NBA, NFL, NHL, EPL, or MLS player contracts, salaries, transactions, and more. The resulting costs and cap hit are therefore split between each team based on the percentage of salary retained by the respective teams. When is a contract too rich for a player’s own good? After his performance at the 1997 CHL Top Prospects Game, opposing coach Don Cherry likened Luongo to Montr… Partnered with the USA TODAY Sports Media Group  |  Powered by, Traded to Florida (FLA) from Vancouver (VAN) with, Signed a 12 year $64 million contract with Vancouver, Signed a 4 year $27 million contract with Vancouver (VAN), Traded to Vancouver (VAN) from Florida (FLA) with, Signed a 1 year $3.2 million contract with Florida (FLA), Traded to Florida (FLA) from New York (NYI) with, Signed a 3 year $2.775 million contract with New York (NYI), Drafted by New York (NYI): Round 1 (#4 overall), Down Goes Brown: Connor McDavid’s 100, Leafs vs. Habs, and six more things to root for down the stretch, Duhatschek: Q&A with Panthers coach Joel Quenneville on their success, Aaron Ekblad’s injury and Pickleball, Seattle Kraken expansion draft: 6 teams in play to make a side deal, Why your favorite team let the Blackhawks draft Alex DeBrincat: Oral history of the 2016 NHL draft, DGB weekend rankings: Patrick Marleau’s record, Montreal’s struggles and a new top five entry, NHL power rankings: Our campaigns against the Hurricanes and Carter Hart have ended. The Val-d'Or Foreurs made Luongo the highest-drafted goaltender in QMJHL history, at second overall, in 1995. Luongo's contract is front-loaded, so he earns much more in the early years, and the annual cap hit is manageable. Florida Panthers acquired G Roberto Luongo and LW Steven Anthony from the Vancouver Canucks for G Jacob Markstrom and C Shawn Matthias. Subscribe here:http://www.youtube.com/subscription_center?add_user=canucksvidFacebook:https://www.facebook.com/CanucksVid Roberto Luongo is on his farewell tour. Gillis said Sunday … Estimated Career Earnings : $93,130,646. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. BIRTHPLACE: Montreal, Quebec, Canada. The NHL's trade deadline passed, and Roberto Luongo remains with the Vancouver Canucks, the victim of his own long-term contract that extends through 2022. They help us to know which pages are the most and least popular and see how visitors move around the site. The following season, he made his professional debut with the Lowell Lock Monsters, the Islanders' American Hockey League (AHL) affiliate. The three-time All-Star was entering the final season of a four-year, $27-million contract… FILE - In this April 6, 2019, file photo, goaltender Roberto Luongo warms up prior to an NHL hockey game against the New Jersey Devils, in Sunrise, Fla. Luongo’s contract ran well past the time he was likely to still be playing. These cookies may be set through our site by our advertising partners. When Canucks fans think of the best goalie to ever wear our colours, the statistics would indicate that it was always Roberto Luongo, but w hen Canucks fans think of Canucks who have given service to the team and community, other names come to mind: Trevor Linden, Daniel and Henrik Sedin, Markus Naslund, Stan Smyl, Kevin … Roberto Luongo The Roberto Luongo soap opera has finally been cancelled in Vancouver. ... Roberto Luongo Buyout Details. When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. The new deal is worth $64 million and an annual cap hit of $5.33 million. On occasion, a buyout will result in a credit. Luongo will play the 2009-2010 season under his current contract which calls for him to be paid $7.5 million. Roberto Luongo's contract hurts both him and Canucks Back to video. The Vancouver Canucks traded their former captain and the remaining eight years of … However, the soon-to-be 40-year-old is set to earn a total of $3.618MM over the remainder of his deal which is significantly lower than … This is indicated by a negative buyout cap hit. But under the new CBA, the so-called Luongo rule seeks to offset the early soft hits. He began his junior career in the 1995–96 season with Val-d'Or and posted six wins in 23 games played. Roberto Luongo Contract Comments: Much Ado About Nothing Tyler Wilde Correspondent I March 24, 2009 Comments. Jun 29 2006 Signed a 4 year $27 million contract with Vancouver (VAN) Jun 23 2006 Traded to Vancouver (VAN) from Florida (FLA) with Lukas Krajicek and 2006 6th round pick for Bryan … At 30-years-old,… Most recently in the NHL with Florida Panthers. Roberto Luongo explains why he wasn't moved at the trade deadline. All information these cookies collect is aggregated and therefore anonymous. By the NHL’s calculations, the Canucks received a benefit of approximately $9 million while Luongo was with them. Roberto Luongo was traded on March 4, 2014, by the Vancouver Canucks to the Florida Panthers along with Steve Anthony in exchange for Jacob Markstrom and Shawn Matthias. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. Teams can buyout a contract and obtain a reduced cap hit. Already Subscribed? As the team's starting goaltender the following season in 1996–97, he improved to a team-record 32 wins, and was awarded the Mike Bossy Trophy as the league's best professional prospect. It seems as if the new collective bargaining agreement restricts the Canucks’ ability to trade Luongo, in effect trapping him. Roberto Luongo NHL contract buyout details and results including cost calculations, savings and final cap hit. Luongo, who has 10 years remaining on a 12-year contract worth US$64 million, asked for a trade in the off-season after being supplanted by Cory Schneider as the No. This contract was involved in a retained salary transaction. Click on the different category headings to find out more and change our default settings. HEIGHT: 6'3". This website is not directly or indirectly affiliated, associated, or connected in any way to Major League Baseball, the National Basketball Association, the National Football League or the National Hockey League. If you do not allow these cookies, you will experience less targeted advertising. Login Here. Luongo’s 12-year, $64-million (U.S.) contract, signed in 2009, presented some complexities and Vancouver’s player demands were high. A more detailed explanation is available at the. 1 netminder in Vancouver. Roberto Luongo was extremely disappointed that he didn't get traded and said his massive contract "sucks" and that he would scrap it now if he could. Retained Salary. This contract was involved in a retained salary transaction. These cookies are necessary for the website to function and cannot be switched off in our systems. The Panthers are going to send Luongo's No. WEIGHT: Depending on the age of the player when they are bought out, the buyout ratio varies. As of 2019, Robert holds an estimated net worth over $70 million which is entirely generated from his professional career. Junior career in the 1995–96 season with Val-d'Or and posted six wins in 23 games played him and Canucks to... From the Vancouver Canucks for G Jacob Markstrom and C Shawn Matthias do... Improve the performance of our site offer you a better browsing experience, analyze site traffic, serve... Junior career in the form of cookies one that comes up repeatedly in the strange of... Contract extension Wednesday … VANCOUVER—Roberto Luongo 's contract wo n't stop him being... 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